Microsoft Working On Crypto Wallet For Edge, Will Help Users Store Coins, NFTs: Report

Microsoft also plans to accelerate the adoption of multi-factor authentication (MFA) for its 365 Cloud productivity platform.

After signing up, Microsoft users will have access to all their crypto assets. ( Image Source :Getty )

Microsoft is developing a crypto wallet feature for its Edge browser that will enable users to store, send, and receive cryptocurrency funds, as well as store non-fungible tokens (NFTs). This new feature appears to be in the development stage, as per a report by Windows Central, with references to internal testing by Microsoft.

The wallet feature will be non-custodial and integrated directly into Edge's existing wallet feature for storing payment cards. It is password-protected, and users can recover access if they forget their password.

After signing up, users will have access to all their assets, including crypto funds, price trends, and the ability to send or receive crypto using known addresses and names.

In addition, Microsoft plans to accelerate the adoption of multi-factor authentication (MFA) for its 365 Cloud productivity platform by adding MFA capabilities to the Outlook email client. The new feature called Authenticator Lite will enable users to complete MFA requests for its 365 apps directly in the Outlook app.

Users can use Authenticator Lite to add an extra layer of security to their Outlook logins for work or school.

Meanwhile, Maggi, the popular instant noodles brand owned by Nestle, announced last week that it is launching its first-ever non-fungible tokens (NFTs) in the OneRare Foodverse, a metaverse-based game. 

Partnering with OneRare, Maggi will release NFT offerings that can be used in the Foodverse.

The offerings will include recipes made with Maggi noodles, Maggi Masala-ae-Magic, and Maggi Hot & Sweet. These exclusive NFTs will be a treat for Maggi enthusiasts, from nostalgic noodle recipes to classic Indian dishes. Maggi's pioneering move into the metaverse shows its endeavour to adapt to changing times without losing sight of its core values.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.